A distinguishing characteristic of Brown University is that it is a university college: a major teaching and research university yet a medium-sized liberal arts college. Brown, founded in 1764, is a private, Ivy League, liberal arts university. There is no core curriculum, and students may design their own majors. A pass/fail grading option is available, and all faculty members teach undergraduates. Its 140-acre campus is located in Providence, 45 miles from Boston.